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Fastmarkets proposes to discontinue eight assessments for seamless and welded tube and pipe in Europe and Asia.

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Fastmarkets proposes to discontinue its assessments for MB-STE-0829, Russia welded ERW linepipe API 5L X65 US$/tonne; MB-STE-0830, Russia welded LSAW linepipe API 5L X65 US$/tonne; MB-STE-0810, Russia Round billet seamless (fob) Rub/tonne; MB-STE-0811, Russia seamless OCTG casing J/K 55 (btc connection) distrbutor FCA Rub/tonne; and MB-STE-0812, Russia seamless Linepipe API 5L X65 distrbutor FCA Rub/tonne.

After a consultation period, Fastmarkets has amended the MB-STE-0166 steel structural pipe export S235JR grade EN10219 2mm wall thickness, fob main port Turkey price assessment.

Fastmarkets proposes to discontinue its price assessments for MB-STE-0561 steel ERW line pipe (X65), fob mill US, $/short ton; MB-STE-0873 steel ERW line pipe (X70), fob mill US, $/short ton; MB-STE-0852 steel welded LSAW line pipe API 5L X65 US $/tonne; MB-STE-0853 steel welded HSAW line pipe API 5L X65 US $/tonne; MB-STE-0022 steel ERW standard pipe A53 Grade A, fob mill US, $/short ton and MB-STE-0056 steel ERW standard pipe A53 Grade A import, cif Houston, $/short ton.

Fastmarkets is inviting feedback on a proposal to change the publishing date for its US energy and non-energy tubular prices from the second Tuesday of the month and the final Tuesday of the month, respectively, to the second Wednesday of the month.

Prices for standard pipe and mechanical tube in the United States continued to fall in November, but market participants are hoping that a recent uptick in hot-rolled coil prices will signal an end to the downturn

Several tube mills, including Nucor Tubular and Atlas Tube, alerted customers to a $100-per-ton reduction in the price of hollow structural sections (HSS) on Thursday June 2, sources told Fastmarkets

Ukrainian steelmakers, particularly Metinvest and Interpipe, have welcomed the decision by the United States to suspend Section 232 tariffs of 25% against imports of steel from the country for one year